Is It Worthwhile For Investors To Follow These Insider Trades On Lloyds Banking Group plc (LYG)?

Lloyds Banking Group plc (NYSE:LYG) trading with an addition of $0.03 to $2.62 on Thursday, an upside of 0.97 percent. An average of 5,514,683 shares of common stock have been traded in the last five days. There was a gain of $0.10 in the past week, and it reached a new high 54 times over the past 12 months. The last 20 days have seen an average of 6,707,136 shares traded, while the 50-day average volume stands at 6,227,353.

LYG stock has increased by 10.21% in the last month. The company shares reached their 1-month lowest point of $2.26 on 09/21/21. With the stock rallying to its 52-week high on 06/02/21, shares of the company touched a low of $1.30 and a high of $2.83 in 52 weeks. It has reached a new high 43 times so far this year and achieved 32.14% or $0.65 in price. In spite of this, the price is down -7.60% from the 52-week high.


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Valuation Metrics

Lloyds Banking Group plc (LYG) has a trailing price-to-earnings (P/E) ratio of 7.25, which compares with the 16.80 for the broader industry and 12.86 for the sector. In the last five years, Lloyds Banking Group plc’s PE ratio has ranged between 98.63 and 6.328. The stock’s beta is 1.45. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.55, the price-to-book (PB) ratio at 0.65.

Lloyds Banking Group plc pays a $0.07 dividend per share annually. It offers a dividend yield of 2.67%. The company’s most recent quarterly dividend payment took place on Sep. 23, and it was $0.0375 a share, representing a up of 15.2 from $0.0318 last year. Its dividend has been increased for the last 1 consecutive years with the latest increase dividend $0.0057 reported on Friday July 30 2021. Dividends have grown by -100.00% each year over the last three years.

Lloyds Banking Group plc will next go ex-dividend on 17-Apr. The next dividend payment Lloyds Banking Group plc will make is expected to be $0.005.

Further, the company has a long term debt to equity ratio of 1.83 and a total debt to equity ratio of 1.83 for the recent quarter. Its gross profit as reported stood at $13.8 billion compared to revenue of $18.37 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. Lloyds Banking Group plc’s return on assets was 0.3% over the last five years. For the broader industry, ROE averaged 11.10 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Lloyds Banking Group plc (LYG) price momentum. RSI 9-day as of the close on 13 October was 70.83%, suggesting the stock is Overbought, with historical volatility in this time frame at 22.68%.

As of today, LYG’s price is $2.58 +3.98% or $0.10 from its 5-day moving average. LYG is currently trading +7.41% higher than its 20-day SMA and -4.74% lower than its 100-day SMA. However, the stock’s current price level is +0.77% above the SMA50 and +35.23% above the SMA200.

The stochastic %K and %D were 94.19% and 92.84%, respectively, and the average true range (ATR) was 0.06. With the 14-day stochastic at 91.67% and the average true range at 0.06, the RSI (14) stands at 65.22%. The stock has reached 0.07 on the 9-day MACD Oscillator while the 14-day reading was at 0.10.

Analyst Ratings

Goldman downgraded Lloyds Banking Group plc (NYSE: LYG) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a a Neutral.The consensus rating for Lloyds Banking Group plc (LYG) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LYG, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 11 others rate it as a “buy”.

What is LYG’s price target for the next 12 months?

Analysts predict a range of price targets between $2.34 and $3.38, with a median target of $2.96. Taking a look at these predictions, the average price target given by analysts for Lloyds Banking Group plc (LYG) stock is $2.92.

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